© 2024 Blaze Media LLC. All rights reserved.

It's the Three-Year Anniversary of ObamaCare -- How Is It Affecting Small Businesses?

This week marks the third anniversary since the Affordable Care Act, a.k.a. ObamaCare, was signed into law. As was the case at the time of its passage, the country is still deeply polarized on the law. In fact, while an unfavorable opinion of the law is at 40 percent now as it was in March 2010, the percent of those surveyed by the Kaiser Foundation who find the law favorable has dropped from 46 to 37 percent over three years. More than half of all states sued the Obama administration over the law's constitutionality, seven states sued over the controversial mandate that religious employers provide services they object to in their health care plans.

On 'Real News'Thursday the panel was joined by Glenn Beck to discuss a group taking possibly the toughest toll from ObamaCare's costs; small businesses.

Small businesses were told by the president that under his law, if you like your plan, you can keep it. Your premiums won’t go up. Sally Pipes writes in Forbes that ObamaCare taxes on insurance companies are expected to push up premiums for small businesses by nearly $7,000 over the next 10 years. Small businesses that employ 50 or more must offer health insurance to their workers or pay into a government fund beginning January 1.

Watch a clip below from the top of Thursday's 'Real News' with Glenn Beck on the difficulties small businesses are facing now because of ObamaCare, as well as the still difficult road ahead:

Want to leave a tip?

We answer to you. Help keep our content free of advertisers and big tech censorship by leaving a tip today.
Want to join the conversation?
Already a subscriber?